We will use AI to transform lending in Nigeria and Africa

We will use AI to transform lending in Nigeria and Africa

So, find a comfortable spot, maybe with a warm bowl of your favorite soup, and let's explore the January edition of the Lendsqr newsletter together!

The risks and benefits of mobile apps for financial inclusion
Industry Information

The risks and benefits of mobile apps for financial inclusion

Mobile apps have become a powerful tool for advancing financial inclusion, bringing credit, savings, and payment services closer to underserved populations. By lowering barriers to access and simplifying user experiences, they enable more people to participate in the financial system. However, this rapid expansion also introduces risks, including data privacy concerns, over-indebtedness, and the rise of unregulated or predatory platforms. Understanding both the opportunities and the challenges is essential for building solutions that are not only accessible, but also safe and sustainable.

Why Nigerians don’t pay their loans
Lending

Why Nigerians don’t pay their loans

The frustration that comes from not being able to recover money because Nigerians don’t pay back their loans isn’t debatable. But, why don’t Nigerians pay back their loans?